Exeter launches adviser tool to boost IP sales

clock

Exeter Family Friendly has launched an online tool to help advisers grow their sales of income protection (IP).

The mutual's new Financial Forecast Calculator was designed to help advisers visually display the importance of IP. 

Mike O'Brien head of sales and marketing at Exeter Family Friendly said: "Many consumers are blind to the financial mess they could end up in if they were unable to work as a result of ill health. We see it as our role to help advisers change this worrying situation.

"Our new calculator is a simple tool that captures information on income, expenditure and sick pay; to give a 12-month snapshot of a client's finances if ill-health stopped them from working. The results are sure to be shocking to many, revealing a huge gap and a large financial hole to climb out of, unless IP is put in place.

"This isn't complicated; just a simple five minute exercise for advisers to help them display visually how vital this product really is."

The tool is available via the mutual's website.

More on Income Protection

Half of parents able to get by for six months without income

Half of parents able to get by for six months without income

Vitality research shows

Jaskeet Briah
clock 25 November 2024 • 1 min read
Accident and illness absences impact 27% of adults

Accident and illness absences impact 27% of adults

Adults taking a month or more off work

Cameron Roberts
clock 21 November 2024 • 1 min read
Partner Insight: The everyday risks clients face

Partner Insight: The everyday risks clients face

New report sheds light on the common risks than can disrupt financial stability

MetLife
clock 20 November 2024 • 4 min read

Highlights

COVER Survey: Advisers damning of protection insurer service levels

COVER Survey: Advisers damning of protection insurer service levels

"It takes longer than ever to get underwriting terms"

John Brazier
clock 12 October 2023 • 5 min read
Online reviews trump price for young people selecting life and health cover

Online reviews trump price for young people selecting life and health cover

According to latest ReMark report

John Brazier
clock 11 October 2023 • 2 min read
ABI members with staff neurodiversity policy nearly doubles

ABI members with staff neurodiversity policy nearly doubles

Women within executive teams have grown to 32%

Jaskeet Briah
clock 10 October 2023 • 3 min read